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BEIJING, Oct. 31 (Xinhua) -- China and the Republic of Korea (ROK) have been maintaining communications on the Korean Peninsula issue through diplomatic channels, the Chinese Foreign Ministry said Tuesday.

22. We appreciate the efforts and contribution of the BRICS Business Council and Business Forum to strengthening our economic cooperation in infrastructure, manufacturing, energy, agriculture, financial services, e-commerce, alignment of technical standards and skills development. We welcome the establishment of a working group on regional aviation within the framework of the Business Council and in this connection acknowledge the Brazil's proposal on an MOU on regional aviation partnership. We encourage business communities and associations to actively participate in BRICS cooperation, and give full play to their role as trade and investment facilitation institutions in promoting mutually beneficial cooperation.

The country is not only accelerating its renewable energy capacity building, but also exporting clean energy technologies to the rest of the world.

Taking into account the latest measures, this term of government has cut administrative approvals by 697 items. Statistics show that the country had 2.91 million new businesses registered in the first half of 2017, up by 11.1 percent year on year.

Despite an overall optimistic view on the bloc's future, Kuhn suggested the bloc's members take into consideration the downside of potential expansion. "The larger the group becomes, it will be a larger challenge to maintain a unified focus that has substance," he said.